Mina (MINA) Price Prediction 2023, 2024, 2025-2030

• Bullish MINA price prediction for 2023 is $0.9742 to $1.5749.
• Mina (MINA) price might reach $3 soon.
• Bearish MINA price prediction for 2023 is $0.4145.

In this Mina (MINA) price prediction 2023, 2024-2030,  we will analyze the price patterns of MINA by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

TABLE OF CONTENTS

INTRODUCTION

Mina (MINA) Current Market Status What is Mina (MINA)? Mina (MINA) 24H Technicals

MINA (MINA) PRICE PREDICTION 2023

Mina (MINA) Support and Resistance Levels Mina (MINA) Price Prediction 2023 — RVOL, MA, and RSI Mina (MINA) Price Prediction 2023 — ADX, RVI Comparison of MINA with BTC, ETH

MINA (MINA) PRICE PREDICTION 2024, 2025, 2026-2030

CONCLUSION

FAQ

Mina Protocol (MINA) Current Market Status

Current Price	$0.8136
24 – Hour Price Change	14.87% Up
24 – Hour Trading Volume	$326,387,033
Market Cap	$819,738,280
Circulating Supply	1,007,501,675 MINA
All – Time High	$9.91 (On June 01, 2021)
All – Time Low	$0.352 (On October 11, 2023)

What is Mina (MINA)

TICKER	MINA
BLOCKCHAIN	Mina
CATEGORY	Layer-One Blockchain
LAUNCHED ON	March 2021
UTILITIES	Privacy-Focused, Accessible, Scalable, and Decentralized

Mina (MINA) is a decentralized cryptocurrency platform known for its lightweight blockchain design, enabling participants to run and verify the entire blockchain with minimal resources. Positioned as the world’s lightest blockchain, Mina leverages advanced cryptographic techniques, such as zk-SNARKs, to maintain a constant size of around 22 KB. This unique feature ensures that the blockchain remains accessible and easily verifiable, promoting decentralization and inclusivity.

Mina serves as a layer-one protocol, allowing developers to build scalable and privacy-focused decentralized applications (DApps). Its design prioritizes user privacy by enabling transactions to be verified without the need to download the entire blockchain. This makes Mina an attractive option for a range of applications, including financial services, NFTs, and more. Governed by the community, Mina emphasizes accessibility, scalability, and decentralization in the evolving landscape of blockchain technology.

Mina 24H Technicals

(Source: TradingView)

Mina (MINA) Price Prediction 2023

Mina (MINA) ranks 9th on CoinMarketCap in terms of its market capitalization. The overview of the Mina price prediction for 2023 is explained below with a daily time frame.

MINA/USDT Descending Channel Pattern (Source: TradingView)

In the above chart, Mina (MINA) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.

Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.

At the time of analysis, the price of Mina (MINA) was recorded at $0.8136. If the pattern trend continues, then the price of MINA might reach the resistance levels of $0.9782, $1.7444, and $3.9505. If the trend reverses, then the price of MINA may fall to the support of $0.5588, and $0.3689.

Mina (MINA) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Mina (MINA) in 2023.

MINA/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Mina (MINA) for 2023.

Resistance Level 1	$0.9742
Resistance Level 2	$1.5749
Support Level 1	$0.6190
Support Level 2	$0.4145

MINA Resistance & Support Levels

Mina (MINA) Price Prediction 2023 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Mina (MINA) are shown in the chart below.

MINA/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Mina (MINA) market in 2023.

INDICATOR	PURPOSE	READING	INFERENCE
50-Day Moving Average (50MA)	Nature of the current trend by comparing the average price over 50 days	50 MA = $0.5500Price = $0.8552 (50MA <  Price)	Bullish/Uptrend
Relative Strength Index (RSI)	Magnitude of price change;Analyzing oversold & overbought conditions	73.4557 <30 = Oversold 50-70 = Neutral>70 = Overbought	Overbought
Relative Volume (RVOL)	Asset’s trading volume in relation to its recent average volumes	Below cutoff line	Weak volume

Mina (MINA) Price Prediction 2023 — ADX, RVI

In the below chart, we analyze the strength and volatility of Mina (MINA) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

MINA/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Mina (MINA).

INDICATOR	PURPOSE	READING	INFERENCE
Average Directional Index (ADX)	Strength of the trend momentum	40.4378	Strong Trend
Relative Volatility Index (RVI)	Volatility over a specific period	79.79 <50 = Low >50 = High	High volatility

Comparison of MINA with BTC, ETH

Let us now compare the price movements of Mina (MINA) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs MINA Price Comparison (Source: TradingView)

From the above chart, the price action of MINA is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of MINA also increases or decreases respectively.

Mina (MINA) Price Prediction 2024, 2025 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Mina (MINA) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Year	Bullish Price	Bearish Price
Mina (MINA) Price Prediction 2024	$3.8	$0.4
Mina (MINA) Price Prediction 2025	$4	$0.3
Mina (MINA) Price Prediction 2026	$5.3	$0.2
Mina (MINA) Price Prediction 2027	$6.5	$0.1
Mina (MINA) Price Prediction 2028	$7.8	$0.09
Mina (MINA) Price Prediction 2029	$9	$0.08
Mina (MINA) Price Prediction 2030	$10	$0.07

Conclusion

If Mina (MINA) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Mina (MINA) price prediction for 2023 is $1.5749. Comparatively, if unfavorable sentiment is triggered, the bearish Mina (MINA) price prediction for 2023 is $0.4145. 

If the market momentum and investors’ sentiment positively elevates, then Mina (MINA) might hit $3. Furthermore, with future upgrades and advancements in the Mina ecosystem, MINA might surpass its current all-time high (ATH) of $9.91 and mark its new ATH. 

FAQ

1. What is Mina (MINA)?

Mina (MINA) is a decentralized cryptocurrency platform known for its lightweight blockchain design, enabling participants to run and verify the entire blockchain with minimal resources.

2. Where can you purchase Mina (MINA)?

Traders can trade Mina (MINA) on the following cryptocurrency exchanges such as  Binance, Coinbase, Kraken, Huobi, and Gate.io.

3. Will Mina (MINA) reach a new ATH soon?

With the ongoing developments and upgrades within the Mina platform, Mina (MINA) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Mina (MINA)?

Mina (MINA) hit its current all-time high (ATH) of $9.91 on June 01, 2021.

5. What is the lowest price of Mina (MINA)?

According to CoinMarketCap, MINA hit its all-time low (ATL) of $0.352 on October 11, 2023.

6. Will Mina (MINA) reach $3?

If Mina (MINA) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $3 soon.

7. What will be Mina (MINA) price by 2024?

Mina (MINA) price is expected to reach $3.8 by 2024.

8. What will be Mina (MINA) price by 2025?

Mina (MINA) price is expected to reach $4 by 2025.

9. What will be Mina (MINA) price by 2026?

Mina (MINA) price is expected to reach $5.3 by 2026.

10. What will be Mina (MINA) price by 2027?

Mina (MINA) price is expected to reach $6.5 by 2027.  

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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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